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Note 6 - Derivative Financial Instruments (Tables)
12 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Derivative Instruments [Table Text Block]
 

Asset Derivatives

 

Liability Derivatives

 
 

Balance Sheet

    

Balance Sheet

    

Derivatives not designated as hedging instruments:

Location

 

Fair Value

 

Location

 

Fair Value

 

Hot-rolled coil steel contracts

Current portion of derivative assets

 $636 

Current portion of derivative liability

 $287 
 

Asset Derivatives

 

Liability Derivatives

 
 

Balance Sheet

    

Balance Sheet

    

Derivatives not designated as hedging instruments:

Location

 

Fair Value

 

Location

 

Fair Value

 

Hot-rolled coil steel contracts

Current portion of derivative assets

 $74 

Current portion of derivative liability

 $1,686 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
     

Location of Loss

 Pre- Tax 
  

Pre-Tax Gain (Loss)

 

Reclassified from

 

Loss Reclassified from

 
  

Recognized in OCI

 

AOCI into Net Earnings

 

AOCI into Net Earnings

 
          

For the fiscal year ended March 31, 2024

         

Hot-rolled coil steel contracts

 $— 

Sales

 $(418)

Total

 $—   $(418)
Derivative Instruments, Gain (Loss) [Table Text Block]
   

Gain Recognized in Earnings

 
 

Location of Gain

 

for Fiscal Year Ended

 
 

Recognized in Earnings

 

March 31, 2025

 

Hot-rolled coil steel contracts

Gain on economic hedges of risk

 $7,598 
   

Gain Recognized in Earnings

 
 

Location of Gain

 

for Fiscal Year Ended

 
 

Recognized in Earnings

 

March 31, 2024

 

Hot-rolled coil steel contracts

Gain on economic hedges of risk

 $1,848 
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]  
Notes Tables  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
  

Gain (Loss) on

 
  

Derivatives

 

Balance at March 31, 2023

  (317)

Other comprehensive loss, net of income, before reclassification

  — 

Total loss reclassified from AOCI (1)

  317 

Net current period other comprehensive income

  317 

Balance at March 31, 2024

 $—